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September 27 2022

Revolut has become the most searched online bank in Europe

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Revolut has become the winner in a study by CMC Markets that has analysed the most heavily searched European online banks and fintechs.

Read also: KYC in Kids Banking Apps

In total, Revolut, which registers 923,080 average monthly searches throughout Europe, ranked first out of the top 10 digital banks, receiving the most searches out of 15 countries, and was in the top 3 searches out of a total of 43 countries.

According to the study, Germany and Spain had 71,000 average monthly searches each, and Switzerland saw 25,000 average monthly searches.

Revolut is also the second most searched online bank in France and Iceland, and third in six countries, including Belgium, Italy and Belarus.

In second place was another UK-based fintech company – Wise.

Wise was the second most searched online bank in 18 countries, including Hungary, Greece and Portugal. Overall it had over 338,000 average monthly searches in Europe.

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The money transfer company, which was formerly known as TransferWise, floated in a record-breaking London listing in July 2021. It was one of the biggest flotations of that year, and the largest London tech listing in history.

It made its stock market debut via a direct listing rather than selling shares at a set price in advance.

A statement released by CMC, says, “The fintech, which was formerly known as TransferWise is also the most searched in nine countries, among them Estonia, with 6,300 average monthly searches, as well as Norway, Turkey, and Ukraine.”

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